🔗 Crypto & Blockchain

[Lummis Warning] Last Chance for CLARITY Act Before 2030

Senator Cynthia Lummis just dropped a bombshell: the Senate's got one shot at the CLARITY Act before 2030 hits. With midterms looming, crypto's begging for rules—or risk America ceding ground to hungrier markets.

Senator Cynthia Lummis speaking on CLARITY Act with crypto charts and US Capitol in background

⚡ Key Takeaways

  • Lummis warns CLARITY Act must pass now or wait until 2030 amid midterm risks. 𝕏
  • Industry leaders like Sacks, Armstrong, and Dixon push for regulatory clarity to unlock innovation. 𝕏
  • Bill clarifies SEC/CFTC roles; stablecoin yields are the key hurdle holding up progress. 𝕏
Lisa Zhang
Written by

Lisa Zhang

Digital assets regulation reporter tracking SEC, CFTC, stablecoin legislation, and global crypto law.

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Originally reported by Cointelegraph

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